Trusts Unpacked | Episode 5: Discretionary trusts versus fixed interest trusts. Practical differences.

In this episode of Trusts Unpacked, Alexander von der Vellen explores the practical differences between discretionary and fixed interest trusts - not from a drafting perspective, but through how they behave over time. The discussion examines how each structure shapes control, flexibility, risk, governance and family dynamics, and why the most common regret is not choosing the wrong structure, but postponing the choice. This episode focuses on consequences in practice: certainty versus discretion, and which trade-offs families are prepared to live with.This podcast is for educational purposes only and does notconstitute legal, tax or investment advice.Listening does not create a client or advisory relationship with Clavis Partners AG.